Price ceilings are created to keep products affordable for consumers.Answer a. True
b. False

Answers

Answer 1
Answer: Answer : a. True

It is true that price ceilings are created to keep products affordable for consumers. Price ceilings are set by the government. It is a government initiative to regulate the prices of commodities, products and services in the market to protect the consumers' interests and rights. In deciding the price ceiling, it must be considered that it should be below the natural market equilibrium. Legally, the prices can't just be raised suddenly but must follow certain legal and business procedures.

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Describe how you learn and adjust when an experience does not turn out as expected. describe a situation, your actions, and the outcome.

Answers

To learn and adjust when an experience does not turn out as expected the individual should identify the weak areas and develop it, to further prepare for more opportunities.

What is learning?

Learning involves acquiring knowledge, information or an insight about something.

Learning can be done in both formal and informal settings such as environment.

When an experience does not turn out as expected the individual should look out for possible mistakes and how best it can be done to achieve success.

Attention should be given to areas where the individual failed while preparing for more opportunities.

Therefore, to learn and adjust when an experience does not turn out as expected the individual should identify the weak areas and develop it, to further prepare for more opportunities.

Learn more oninformationand knowledge here,

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Answer:

You can as well gain experience from people around you. Or simply reading more about a particular issue. For example, if you want to know more about HIV Aids, you don't need to be a victim to tell or explain to someone. You can simply read about it and it, and it is as good as having experienced it.

Assume that Jack, Hal, and Sophia enter into an agreement for the sale of the restaurant. Hal and Sophia get a loan from Fourth National Bank to pay for it. When their first payment is due, they get a letter from Bank of North America stating that they bought the loan from Fourth National Bank. Which of the following is true?

Answers

Answer:

Fourth National Bank made an assignment.

Explanation:

A standard form deed of assignment under which a lender (the assignor) assigns its rights relating to a facility agreement (also known as a loan agreement) to a new lender (the assignee). Only the assignor's rights under the facility agreement (such as to receive repayment of the loan and to receive interest) are assigned. The assignor will still have to perform any obligations it has under the facility agreement.

Strategic trade policy has two components to raise national income helping firms to capture first-mover advantages and intervening in an industry where foreign firms have already gained a first-mover advantage.a) trueb) false

Answers

Answer:

The correct answer is: A) True.

Explanation:

Strategic commercial policy is defined as that commercial policy that a government implements through intervention and regulation and that is intended to modify the strategic interaction that occurs in certain sectors between national and foreign companies in the international arena. These actions, which are usually implemented through industrial policy, try

favor national companies over their foreign rivals. Those who support these practices argue that, given the imperfections of the markets, there are good reasons that justify an active industrial policy.

The strategic trade policy argument consists of two explanations: first, it states that with appropriate actions; A government increases national income if it somehow ensures that the companies that appropriate the advantages of acting first are national and not foreign.

Secondly; it is convenient for a government to intervene in an industry if it helps national companies to overcome the entry barriers created by foreign companies; who have already reaped the advantages of the one who acts first.

In conclusion, if these arguments are correct, the government has many reasons to intervene in international trade.

If you are planning to carry a large balance on your credit card, which of the following credit card features should you look for?

Answers

The choices for this question can be found elsewhere and as follows:

Low APR
Low annual fees
Lots of credit card rewards
A large credit limit

From the choices, I think the correct answer is the first option. 
If you are planning to carry a large balance on your credit card, the credit card feature you should you look for is a low APR.

Adams is selling his property to Katter for $94,000, and Katter is assuming an existing mortgage at 4-1/2% interest per annum with the unpaid balance of $9,200. Mortgage payments are due the first of each month and include interest up to but NOT including the day of payment. The last payment was made March 1, and settlement is to be March 26. Compute the interest proration that will be credited to the buyer using a 365-day year, and holding the buyer responsible for the day of closing.

Answers

Answer:

$69.53

Explanation:

loan's balance = $94,000

interest expense per year = $94,000 x 4.5% = $4,230

interest expense per day = $4,230 / 365 = $11.5890411

the seller is responsible for 25 days of interest = 25 x $11.5890411 = $289.73

the buyer is responsible for 6 days of interest = 6 x $11.5890411 = $69.53

The MAIN reason suppliers offer cash discounts is to try to encourage.a. early payment,
b. larger orders,
c. new accounts,
d. multiple purchases

Answers

The answer is A. Early payment

In Cash discounts, buyers will have the incentive to reduce the amount owed to the seller if they pay their liability faster than the Deadline

For example, the sellers can offer a 2 % discounts if the buyers make a payment within 10 days, while the actual deadline is 30 days

Answer:

Explanation:

A